Locally-based John Marshall Bank was named as one of the fastest growing banks in the United States in an analysis study conducted by bestcashcow.com.

John Marshall Bank, headquartered in Falls Church, is the second fastest growing bank in the nation and grew its assets from $23 million in 2006 to $368 million in 2011. The bank has a 2011 Return on Equity of 6.13 percent and a Texas Ratio of 2.64 percent.

Bank President Bill Ridenour attributed the success of the bank to it being newer and its experienced staff.

“Being relatively new has helped us a great deal. Our advantage is that all the loan growth is based on current market conditions with asset appraisals obtained after the significant downturn in real estate valuations and underwritten in more conservative loan to value and cash flow coverages,” Ridenour said in a release. ““The primary source of our growth has come from the extensive experience that our team of bankers has in the [D.C] area. Most of our management team has over 25 years of banking experience.

“We have been able to attract a solid team of commercial bankers to our company, because of our experience, we have a thorough knowledge of our market and focus on the segment we know best and where we can be the most competitive and that is the small business segment,” Ridenour said.

According to its website, bestcashcow.com is the most comprehensive source of consumer bank information and bank data on the Internet. The website tracks over 7,000 FDIC-insured banks, 7,000 credit unions, 130,000 local branches, and over 2,000,000 local and national savings account rates.

John Marshall Bank’s Loudoun Regional office is at 842 South King Street in Leesburg.